Word: oeec
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Dates: during 1940-1949
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...Organization for European Economic Cooperation (OEEC), in particular, was not performing as well as Administrator Hoffman would like. It was staffed by civil servants who had to refer every decision back to their governments. When it came to cracking down on their own countries' needs, individuals on OEEC's committees could never forget their nationalities. In an Embassy press conference, Hoffman told reporters: "I don't think we have yet seen evidence of the coordination necessary for success. The European nations still have a long...
...Plot. Hoffman spoke softly. But his voice carried clearly across the Seine to the Hotel de Tabac, where an OEEC committee had been wrangling over a plan to loosen Europe's currency restrictions. Quickly, the committee reached a tentative agreement. If the details could be successfully worked out and agreed on, the plan would permit Western Europe's nations to buy more easily from each other, thereby relieving some of the strain on the U.S. economy...
...Paris, where the 16 Marshall-Plan nations had created an Organization for European Economic Cooperation, a Committee on Methods worked on import needs, scheduled a report to OEEC's Council on May 10. German experts arrived to advise on meshing Western Germany into the European economy...
...small Galerie de la Paix at the Quai d'Orsay in Paris, with 16 flags flapping from the parapets outside, the 16 Marshall Plan nations last week signed the "Convention for European Economic Cooperation." The central office of OEEC-to be established in Paris-would work on such cooperative procedures as lowering customs barriers, stabilizing currencies, allocating labor forces and raw materials...
...addition to the somberly clad signers there were two men in military uniform-Generals Sir Brian Robertson and Pierre Koenig, representing the western zones of Germany. Thus Western Germany, economically, at least, rejoined Europe, looked forward to active participation in OEEC. To many Germans this fact seemed to overshadow a possible fracture of Germany as a whole...